Congress Heights Washington DC 20032 Real Estate Market Report-June 2011

Congress Heights Washington DC 20032 Real Estate Market Report-June 2011. Looking for a SE Washington DC house for sale to buy? How about if you are looking for a house for sale less than $150,000 in Southeast Washington DC? Sounds too good to be true huh? Good thing is it is true. Home buyers are relocating to Washington DC since they see the value in the houses for sale.

According to the June 2011 Congress Heights Washington DC Real Estate Market Report,average Congress Heights Washington DC house for sale sold for $133,594. This time last year average Congress Heights Washington DC home for sale sold for $150,191. That is a 11.05% drop. 8 Congress Heights Washington DC homes sold in June 2011 compared to 19 this time last year. That is a 57.89% drop. Out of the 9 people who brought a home for sale in Congress Heights DC,3 of them were cash buyers,2 of them were conventional home buyers and 3 of them used FHA Loans. Average days on the market of a Congress Heights Washington DC home was 98 days in June 2011 compared to 153 days this time last year.

Some smart and savvy Washington DC home buyers and investors must see in Congress Heights Washington DC something a lot of people don't see-POTENTIAL. What does it mean when the average days of a home sold on the market has decreased from the year before? It can mean a lot of things. But don't be surprised if you see more DC first time home buyers start buying homes for sale in Washington DC. People who want to buy in Washington DC but can't afford to buy in more affluent DC Neighborhoods such as Georgetown,U St/Shaw,Capitol Hill and Woodley Park/Cleveland would probably settle for areas such as Anacostia, Deanwood and Congress Heights Washington DC.

While the numbers number clearly show that less people are buying homes for sale in Congress Heights Washington DC,it doesn't take taht long like it used to to find a ready,willing and able home buyer looking to buy a home for sale in Congress Heights Washington DC 20032. Click a more detailed Congress Heights Washington DC 20032 Real Estate Market Report,go to www.buyandsellnewhomes.com and click on Congress Heights Washington DC 20032 Real Estate Market Report on the left hand side.